Custom Duty Notifications | ||
---|---|---|
Heading Code |
Description |
|
2803 | Schedule Rate of Basic Customs Duty for Tariff Item 2803 00 10 Hiked to 7.5% from 5% by Finance Bill 2021 | |
Budget 2021: BCD on Carbon blacks (Tariff item 2803 00 10) is being increased from 5% to 7.5%, by increasing the tariff rate [Clause 95 (i) of the Finance Bill, 2021 refers]. By virtue of the declaration under Provisional Collection of Taxes Act, 1931, this increase will come into force with immediate effect. |